Finally, IBIT caught up with Grayscale's BTC holdings 😲

in H4LAB Research9 months ago (edited)

1000016535.jpg

Source: Apollo

It's a remarkable result 👏 I couldn't expect that it caught up with GBTC(Grayscale BTC) BTC(Bitcoin) holdings early. They're like blackholes ⚫️


Recently, the BTC price has been stuck around $70k. I think someday, central banks of countries will hold BTC as a reserve currency. If many countries adopt the way, BTC won't be able to compare than now. It will take some years.

1000016538.jpg

Source: Bitcoin Treasuries

It's a list of countries holding BTC. They have even not sold BTC a lot. It seems that their perspectives about BTC are positive.

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